Pension Fund of Kazakhstan Pulls Its Capital from Halyk Bank
The news appeared once KASE had updated its register
Banks & Finance
Kazakhstan Imposes Eviction Ban
The government has announced a plan to get over the economic problems
Banker from Latvia Is Going to Spearhead ForteBank
The bank’s board has approved the new CEO
Kazakhstan’s President Talks about Damage During Unrest in the Country
The damage may reach $2-3 billion, he said
Kazakhstan Wants Capital to Not Leave the Country
The authorities have adopted a new algorithm of operations
Kazakhstan Reports $218 Million worth of Damages for Local Business during Unrest
The city of Almaty counts the lion share of these losses
Goods Turnover Increases between Uzbekistan and Kazakhstan
The turnover has risen by 30%
Kazakhstan Is Going to Launch National Payment System Next Year
There are already four participants in the program
Investments to Kazakhstan May Rebound to Pre-Pandemic Levels Next Year
Foreign direct investments in the country are going to reach $20 billion this year
What Benefits Can ‘Google Tax’ Bring to Kazakhstan
The country has embraced a bunch of amendments to the Tax Code
Bank of Russia to Broaden the Freedom Finance Bank’s License
This is the first such case since 2017
Kazakhstan to Allocate More Than $10 Billion to National Defense
Over the period 2022-2024
National Fund of Kazakhstan Prepares to Regain Control of Its Arrested Assets
The appeal court of Belgium canceled the previous decision in favor of Stati
Kazakhstan Celebrates Its National Currency Day
Tenge turned 28
Fitch Agency Rates Azerbaijan at BB+
The outlook is stable
It’s Harder to Find a Job in Kazakhstan but Salaries Get Bigger
People seek more comfortable conditions for work
Atyrau Refinery Relies on a Russian Bank to Refinance a Foreign Currency Loan
The plant has taken its previous loan from a Chinese bank
President Tokayev Wants Trade with China to Rebound
In 2020 the bilateral turnover was more than $15 billion
EDB Plans to Invest $3.8 Billion in Kazakhstan
The bank’s executive has had a meeting with President Tokayev
Kazakhstan’s National Fund Loses Its Assets
As of September 2021, they are about $35.6 billion
Kazakhstan’s Exports Rebound to Pre-Pandemic Level
By sending goods abroad the country has earned $37.4 billion
Uzbekistan Is Going to Stop Exporting Its Natural Gas Abroad
What was going on in Central Asia this week
Kazakhstan’s GDP to Reach 4% of Growth This Year
The country’s National Bank has updated its outlook
IMF Expects Uzbekistan’s Economy to Grow Faster
While the recovery of global GDP is going to slow down